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Tribunal scraps green clearance to India's largest FDI, Posco-Debabrata Mohanty

Korean steelmaker Posco’s bid to build a 12 million tone integrated steel complex in Jagatsinghpur, Orissa received a major jolt today after a two-judge bench of the National Green Tribunal suspended the environment clearance granted to the project in January 2011.   "The environment clearance granted on January 31, 2011 to the project shall remain suspended till such review and appraisal is done by the ministry," a bench of tribunal comprising Justice...

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Jayanthi rewrites Jairam, ‘no-go’ is now ‘inviolate’ by Priyadarshi Siddhanta

Former environment minister Jairam Ramesh’s “go, no-go” policy to keep some areas out of bounds for mining is back — with a different name. The environment ministry under Jayanthi Natarajan plans to demarcate some “inviolate areas” which will not be considered for green clearances. The ministry had agreed to the recommendations of the B K Chaturvedi committee that all mining projects should be considered on merit. However, it has told a...

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With all due respect, My Lords by Ramaswamy R Iyer

In recent times the Supreme Court of India, with a series of remarkable decisions, has earned our admiration, respect and gratitude. Alas, it has now come out with an extraordinary order on the Inter-Linking of Rivers (ILR) Project, which has caused consternation and dismay to many of us. In 2002, in a post-retirement explanation, a defensive Justice Kirpal had said that his order on the river-linking project was not a direction...

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Cooking Up Environmental Assessments

-EPW   The system of environmental clearances for developmental and industrial projects needs to be reworked. India seems to have perfected the art of creating laws and rules that are destined to fail. Nowhere is this more evident than in the area of environmental regulations. You have pollution control boards that can do nothing to control pollution. And you have a system of environmental ­impact assessment (EIA) before a developmental or industrial project...

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Policy Distortions Hurt Agriculture by Bibek Debroy

Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...

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